the staff of the Ridgewood blog
Ridgewood NJ, Amazon’s turnover rate is well above industry averages. The attrition rate is costing an estimated $8 billion annually for Amazon and its shareholders. Only one out of three new hires in 2021 stayed with the company for 90 or more days. The company may deplete the available labor supply in some regions within a few years. Amazon’s learning programs appear disorganized and are likely costing the company hundreds of millions in wasted hours.
Continue reading Amazon’s Attrition Rate Costs the Company $8 billion Annually
